YEARLY HIGH
362.0606 IRR
YEARLY LOW
331.6658 IRR
YEARLY AVERAGE
344.0873 IRR

2019 ISK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 362.0606. Conversely, the yearly low was recorded on September 3, dropping to 331.6658.

This high-to-low spread represents a total annual volatility of 30.3948 IRR. From a start-to-finish perspective, comparing the January average rate of 353.5686 to the December average rate of 345.0534, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 362.0606 was down 13.38% compared to the 2018 peak of 417.9890, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 1,810,303 IRR
2018 Average 1,883,086 IRR
Yearly Trough Low 1,658,329 IRR
Transaction Impact: A difference of 151,974.01 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

355.1946
335.6835
JanuMarcMayJulySeptNove

ISK to IRR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 348.2485, compared to 339.9261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.3224 points.

H1 Avg (Jan–Jun) 348.2485
H2 Avg (Jul–Dec) 339.9261

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 18.4332 IRR (High: 361.4477 / Low: 343.0145). On the other end, October was the most stable month, with a tight range of 4.8325 IRR (High: 340.5178 / Low: 335.6852).

March Spread (Volatile) ±18.4332
October Spread (Stable) ±4.8325

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 7.0342 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.0342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 353.5686) against the same month in 2018 (average: 350.9530), the exchange rate shifted by +2.6157 (+0.75%).

2019 Avg (January) 353.5686
2018 Avg (January) 350.9530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 362.0606 346.4583 353.5686
February 354.3596 347.6019 351.5076
March 361.4477 343.0145 351.8860
April 359.2775 342.6796 350.4141
May 349.9880 338.3832 343.3799
June 345.5784 333.1879 338.7350
July 348.7535 332.4255 337.9031
August 347.3143 334.1397 340.3160
September 342.0385 331.6658 337.3094
October 340.5178 335.6852 338.0870
November 346.9430 336.6246 340.8876
December 347.8315 341.1245 345.0534